This weekend marked the 50th anniversary of the “Woodstock of Capitalism” with 40,000 people from around the world celebrating Warren Buffett and Charlie Munger leadership of Berkshire Hathaway in Omaha.

As with recent annual shareholder meetings this year’s confab comes with a bit of controversy. Berkshire’s 12 year investment in Clayton Homes, a manufactured-housing business, has recently come under fire for deceptive lending practices as laid out in an investigation by The Seattle Times and the Center for Public Integrity.

“I make no apologies whatsoever for Clayton’s lending practices,” Buffett told the audience. “Clayton has behaved very well.”

Buffett went on to say that he disagrees with the paper’s article that cited an executive in a 2012 affidavit speaking of Clayton’s average profit margin.

Buffett thinks the story took gross margins and presented them as profit margins adding “ anyone who understands accounting wouldn’t make that mistake.”

Controversy has hung over the precedings recently.

Last year, it was Coca-Cola’s executive compensation program. In 2011, it was David Sokol, a likely successor to Buffett whom the billionaire said had violated Berkshire’s stock trading policies over a position in Lubrizol.

A shareholder asked Buffett what was his thoughts on the stock market and record profits being reported by many companies.

Buffett said the high level of corporate profits indicates how “wonderfully well” US businesses have done.

On record high stock prices, The Oracle of Omaha referred to the Federal Reserve and cited that the level of interest rates in the future will determine just how attractive stocks are.

“If we continue with these interest rates, stocks will look very cheap,” Buffett concluded.